Northern Oil and Gas agreed to buy the Williston Basin properties of a Flywheel Energy subsidiary consisting of roughly 18,000 net acres and 6,600 boe/d of production.
Pin Oak Energy Partners tacked on nearly 10,000 net acres to its Utica Shale position in the Appalachian Basin as part of a recent acquisition from EnCap-backed Protégé Energy.
Renewable energy growth is estimated at an annual average rate of 11% between 2015 and 2035, with growth in wind and solar capacity up nine-fold from seven percent of total power supply today to nearly 40% by 2040, energy consultancy Wood Mackenzie estimates.
WaterBridge was among the first companies to carve out a niche in the ‘wild west’ water midstream business of the Permian Basin.
A recent survey found that a majority of oil and gas producers in the U.S. expect their borrowing bases to remain the same despite a significant oil price drop.
The midstream company received a “significant equity capital commitment” from management and Energy Spectrum Capital, though didn’t disclose the value, to form Pinnacle Midstream II.
U.S. buyout firm Carlyle Group has agreed to buy between 30% and 40% of Cepsa, Europe's largest privately-owned oil and gas company, from Abu Dhabi state investor Mubadala.
The investment follows CleanCapital and BlackRock’s purchase of a 46.9-megawatt portfolio of U.S. solar power from a unit of ATN International Inc. last year.
New partner in Houston office has advised clients in more than $100 billion in deals.
With traditional forms of capital pulling back from the sector, various forms of private credit are filling the gaps—and are even becoming core vehicles for funding operations.
